Longtime reader of your posts AC.
The content you share is thought provoking.
You mentioned Apple's highly secretive Project Titan and also Lucid motors which received $1 billion of funding from the Saudi's.
Similar to Galaxy Resources after receiving a huge cash injection the Lucid market cap remains low at US$17 million despite repetitive daily double digit percentage point upswings. Did you manage to buy any?
Lucid motors was originally founded under the name Atieva by a former Tesla Vice President and board member Bernard Tse. Any relation to Anthony Tse the Galaxy Resources Managing Director?
Tse resigned from the board to head the 'Tesla Energy Group' not long after Bernard Tse's long time friend of one of the original founders of Tesla Motors and former CEO Mr Martin Eberhard was ousted by Elon Musk.
Atieva was created with the ambition to create what Tse and Eberhard had envisaged for Tesla Energy Group.
Atieva was provided funding by Venrock which is associated with the Rockefeller family and is also one of the original investors in Apple.
Atieva is now known as Lucid Motors and the Lucid Air is planned to be launched commercially in 2020.
Lucid will design, develop, manufacture and supply battery packs for the Formula E 2018-2020 seasons in collaboration with McLaren Applied Technologies and Sony.
Sony recently removed themselves from the battery supply chain, meanwhile McLaren was in take over talks with Apple however the talks never reached the stage of a offer being made.
Could this indicate that Apple has considered the possibility and is open to taking over an automotive company to expedite their pivot into the EV race with APPs and services included
@airconditioner?
Martin Eberhard has been keeping busy.
Eberhard has confirmed he was working with Volkswagen but no details were ever provided.
Having worked with Lucid he founded inEVit to supply major OEM's with electric drive trains and power storage solutions.
October last year Eberhard joined Sokon Industry Group after inEVit was taken over by them and renamed onto SF Motors. They have two electric SUV's due out later this year.
If anyone is interested in learning more about the founders of Tesla and how their mind ticks might I suggest watching the video that ill place a link to below.
AC you might be interested in the fly on the wall perspective to hear how the mind ticks of the Tesla co
-founders Martin Eberhard and Marc Tarpenning.
It also might be worth paying particular attention to what they have to say on lithium, batteries and pricing.
